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Centerra Gold Inc.

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Summary

Project:

Mount Milligan

Deposit:Mount Milligan
Location:Canada
Commodities:Gold-Silver-Copper
Date:2/23/2017
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:23-2-2017: Centerra Gold Inc. announces a Resource Estimation report for its Mount Milligan deposit at the Mount Milligan project. Updated mineral resources and ore reserves at project. This Technical Report summarizes the current operations, Mineral Rese
Resources:(Reserve, P+P): 496.210Mt @ 0.361g/t Au for 5.760Moz Au contained at project
CP/QP:[Resources]: Doug Berthelsen (Internal)
ABSTRACT:This Technical Report summarizes the current operations, Mineral Reserves and Mineral Resources for the Mount Milligan copper gold mine (the Mount Milligan Mine, the Project or the Property) located between Fort St. James and Mackenzie, British Columbia, Canada. This Technical Report, which was prepared by and for Centerra, summarizes the current operations and the Mineral Reserves and Mineral Resources for the Mount Milligan Mine located between Fort St James and Mackenzie, British Columbia, Canada. Centerra acquired its 100% interest in the Mount Milligan Mine on October 20, 2016 when it acquired (through a subsidiary) TCM (the Acquisition). Prior to this Acquisition, TCM held the Property through its wholly-owned subsidiary Terrane, which it acquired in 2010. As part of the Acquisition, TCM and Terrane amalgamated. The Project was constructed by TCM prior to the Acquisition, and commenced commercial production in February 2014. In order to achieve the current performance model and to transition to the LOM performance model, it is recommended that the mill continue its program of integrating the new secondary crushing circuit into the comminution circuit to increase the throughput and efficiency of the SAG mill.

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